Likewise Group plc Trading Update and Positive Outlook for 2024

Likewise Group plc (LON:LIKE), the fast growing and progressive UK floor coverings distributor has announced that November 2023 has proved to be its record performance month with Total Sales Revenue of £14.0 million.

This is despite challenging market conditions which are undoubtedly, adversely impacted by macro-economic head winds.

Group Revenue to the end of November 2023 increased 13.3% against the corresponding period last year, whilst Revenue in the emerging Likewise Floors business increased 29%, reflecting excellent organic growth. The growth experienced has been predominantly driven by increased volume rather than price inflation.

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